Date: May 16th, 2007

How a lender thinks: Part 2, behaviors

16 May, 2007 (10:44) | Uncategorized |

[Continued from yesterday’s Part 1.]
 
Yesterday we saw that lenders view the world in Aristotleian elements of money and paper, like to receive things from behind the sanctity of their desks, and think that surprises are bad, volatility is bad, and calm is good.
 

All my loans are current
 
To a lender, security trumps upside, and known pain hurts […]